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HomeMy WebLinkAboutAgreements_Pension Public Safetyl_Business Services Connection_08/09/2010 THE LAW OFFICES OF PERRY & JENSEN, LLC ANN H. PERRY BONNI SPATARA JENSEN aperry@perryjensenlaw.com bsiensen @perryjensenlaw.com August 9, 2010 Via E -Mail Transmission Only Betty Laur Business Services Connections, Inc. 345 Tequesta Drive Tequesta, Florida 33469 Re: Tequesta Public Safety Officers' Pension Fund Business Services Connection, Inc. Our File Number: 1011.0033 Dear Betty: As discussed at the meeting of August 2, 2010, the Board of Trustees of the Tequesta Public Safety Officers' Pension Fund has decided to terminate its agreement for Pension Administrator Services with Business Services Connection, Inc. ( "BSCI ") pursuant to paragraph 11 of the Independent Contractor Agreement for Pension Administrator Services, (copy attached). To allow for a smooth transition for BSCI's replacement by Pension Resource Center, LLC ( "PRC" ), the Board would like to arrange for an extension of BSCI's services under the provisions similar to the contract on an as needed basis, so that BSCI can provide assistance to PRC and the Fund. As discussed at the meeting, the Board cannot determine a time certain for BSIC's services to end, but expects the transition to be completed within one (1) to four (4) months. If you agree to this extension of BSCI's services under these terms, please sign this letter below. Sincerely yours, Bo i S. Jensen Y Betty Laur Business Services Connection, Inc. BSJ /ib E -Copy: Chairman and Secretary Lori McWilliams, PRC H:\Tequesta PS 1011 \Vendors\Admin\Betty Laur - Village \Termination of BSCI 8- 9- 2010.wpd 400 EXECUTIVE CENTER DRIVE, SUITE 207•: WEST PALM BEACH FLORIDA 33401 -2922 PH: 561.686.6550 •: FX: 561.686.2802 13 ]EF.1:h'�iLI C.